Buying International Travel Medical Insurance – What You Need To Know

Today international travel for business or pleasure keeps growing at a fast pace and is unlikely to change in the near future. The most serious problem any international traveler faces when on the move is the possibility of having a medical problem in a foreign country. International travel medical insurance goes a long way in taking care of surprise medical problems. It offers temporary medical or health insurance for US citizens and foreign nationals when traveling anywhere outside of their home country.

Some domestic health insurance plans will cover you for some procedures and expenses away from home but many don’t, especially for major medical expenses. There are many types of international travel medical insurance on the market today including student travel medical insurance, travel accident insurance and even backpackers travel insurance.

It’s important to know that evaluating someone who has met with an accident or become ill in an isolated place can be terribly expensive. Many international insurance companies have a bi-lingual or multi-lingual staff and on-site medical staff available 24 hours a day, seven days a week for their policyholders for consultation and medical emergencies.

One way to lower your insurance costs is to agree to pay a small upfront medical cost for any future treatment needed and make a claim from the insurance company only when the amount exceeds that amount. For example, you could agree to pay the first $200 of any medical expenses and make a claim only when the cost of the treatment goes above it.

If you find a quality insurance company, it’ll take the financial worry of terrific medical expenses out of your travel experience. You can exclude a medical condition that is pre-existing which can lower your insurance costs, but you must be sure that the condition will not worsen on your trip and it could cost you a lot more. Any international traveler, expatriate or business traveler needs to be careful about the medical costs they could incur while traveling out of their home country.

Whatever compromise you choose to make in your plan between risks and costs, shop around not only for cheap international travel medical insurance plans, but also for the insurance company that gives you complete information, has open not hidden view functioning and doesn’t evade any of your questions.

The time frame on your insurance policy needs to be restricted to the actual time you’re out of the country; the shorter the duration will obviously reduce the cost. Some travel insurance plans don’t accept hazardous vocations such as mountain climbing. After you get your insurance, in case any minor emergency medical treatment is needed, have all the expenses listed in itemized bills to make a claim when you get back home.

Getting low cost or cheap international travel medical insurance quotes online from several insurance companies is easy enough to do. The watchword in your travel insurance should be attention to the smallest of details.

Some of the insurance policies don’t cover any pre-existing illnesses, and will ask for a history of any medical problems. All around the world medical costs are skyrocketing, due mostly to the advances in specialized equipment and the cost of advanced medicines and training specialists in a number of medical fields.

Finally international travel medical insurance is a must for all travelers going out of their home country. You want to make sure that evacuation coverage is included in your plan, because that can be a major expense; getting you out of a isolated or difficult location such as a cruise ship, mountain top or safari can be very costly.

Getting low cost or cheap health insurance is certainly a good possibility without giving up any quality care you might need away from home. International travel medical insurance quotes are easy to get online and an important travel necessity for individuals and families when they live or travel outside their home country. Just make sure you know exactly what is covered in your travel insurance policy.

Traveling With Credit Cards: What You Need To Know

As you make travel plans this summer, be sure to pack the plastic. Credit cards are a convenient tool to finance your trip. To make the most of them, it’s best to keep a few factors in mind. Here’s what you need to know before you go.

Plan Ahead

As you prepare for the trip, take a look at the credit cards you have. If you plan to travel abroad, consider carrying cards that are widely accepted, such as Visa or MasterCard. Taking along two credit cards is wise; this way, if one of the cards is not accepted, you have a backup.

Most credit card companies and issuers charge fees for international purchases. This expense, which covers the fees incurred for currency conversion, is usually 2-3% of the purchase amount. To find out how much you will be charged, call your credit card company and ask before you leave. In most cases, the fees you will have to pay will be less than what you would spend exchanging dollars or cashing in traveler’s checks. This is because when you use a credit card, you usually receive the best exchange rate available.

A common problem for those traveling abroad involves purchases being blocked. This occurs because the international activity sets off a fraud alarm. For your safety, the credit card company does not allow the transaction. To avoid this potential dilemma, inform the company of your travel plans before you leave. They can make a note on your account that allows foreign transactions to go through.

Finally, before you travel, send an email to yourself. Include the toll-free number for customer service at the credit card company. This way, if the card gets lost or stolen, you can access your email and call the company immediately to stop any account activity. Be a Smart Traveler Even after proper planning, you will still want to be careful when traveling with credit cards. Make sure all purchase transactions are done in your presence. Most restaurants and hotels will process the card in a public place in order to avoid fraudulent activity. Pay with cash if you have any doubts.

If the credit card transaction does not go through, call the company right away. Occasionally, a purchase will be blocked for security reasons, even after informing the company of your trip. If you speak with a representative, the hold can be released on the card. This can be done within a few minutes, allowing you to make the purchase.

Should your card get lost or stolen, report it immediately. You will only be responsible for up to $50 in unauthorized purchases. In some cases, you won’t have to pay anything.

If you need to, you can use the credit card for cash advances. But remember that fees for these transactions can add up fast. If you will be unable to pay off the advance quickly, you may want to look into a different plan.

By preparing properly and taking safety precautions, you can travel easily with a credit card. They are more convenient than traveler’s checks. And they offer you more protection than cash, which disappears if it gets stolen. By using a credit card, you can enjoy the many benefits of carrying plastic on your trip.

Longstay Travel Insurance: Extend Your Travel Stay

Whenever we decide to travel abroad, we always get the think of taking travel insurance. If you are an occasional traveler you’ll probably buy your insurance from the travel agent. But if you travel more than twice a year, it is much more cost effective to have one insurance lasting all year round, than buying one every time you travel. If you are travelling for a long time then its better to take longstay travel insurance.

Before buying any longstay travel insurance, it is better to go through the whole policy. Health concerns which are rather severe as well as problems brought about by alcohol and drug uses are oftentimes excluded from the full coverage a client is entitled to. War and terrorism clauses can be excluded in most policies to protect both the company and the traveler with the latter being influenced not to plan a trip to such hazardous nations. Travel insurance is an agreement or a contract which can offer a traveler with an adequate amount of assistance that can be beneficial when traveling so it would be smart to compare a list of policies beforehand.

There are different forms of insurance which is hard to classified but considering the durations, travel insurance is further divided in three types:

* Single trip,
* Multi-trip and
* Annual / Long stay

“Long stay” insurance is the most important and attractive part of the travel insurance because for the large number of travelers who planned their vacations for more numbers of days / many months. It not helps you only in travelling plans but also a safeguard for cancellation charges, luggage and personal belongings, financial investments, your health and well being and most important to give you sense of peace. Companies are offering much best coverage to the customers who are buying long stay like international travel insurance, top up insurance etc. The main benefit of this insurance is the customization of coverage. A customer of long stay travel insurance can optimize their coverage as per their need; he should take help with their insurance adviser. Go for most appropriate coverage often their charges may be more than the standard one. The customers must be clear about their need and the ignorance.

Why Travel Medical Insurance Is So Important

Travel medical insurance is an insurance package that offers certain medical coverage while traveling. These plans are similar to that of normal health insurance policies, but are associated with traveling. Travel medical plans consist mainly of one of two types of policies, namely temporary travel medical plan and permanent travel insurance program.

To acquire travel insurance, an individual needs to pay a monthly premium to the insurance company through a travel agent. The company then pays for all medical care required by the customer while traveling.

International travelers, who travel frequently, mainly require this type of insurance. There are various choices to be made amongst travel health insurers, which offer help to numerous traveling people. If travelers develop some medical troubles outside their country, these travel programs provide them with all the necessary medical assistance and protection.

These travel health insurance scheme provides hospital security benefit of $100 or more per night, for travelers going outside the US. They also provide $15,000 and more to cover suitable medical expenses for previous health conditions. These are the most attractive feature of these travel plans.

Reasons To Get Travel Insurance:

Is travel medical insurance necessary or waste of money? This is a common question arising in the minds of many people, when they think of a travel insurance program. There are certain reasons that show how important travel health coverage can be to a traveler.

While seeking an affordable travel package, people need to pay attention to its price structure. Most of the available travel medical plans are of low cost. The traveler is ready to spend the vacation money for fun, but chances of medical complications can add extra money. To avoid this, it is very necessary to buy a cheap travel health insurance package.

Most medical policies provide health care assurance all around the world. However, they do not offer full amount as per the coverage. For instance, if a person is traveling on a cruise ship, the basic health insurance plan will cover only 50 percent of the doctor’s visits on the ship.

However, the medical travel package covers the full amount and sometimes more. Therefore, travel insurance programs are the best choice for international travelers to protect themselves while relaxing.

Many travel medical insurers offer policies, without a medical or health examination. The package takes care of all the medical expenses associated with any medical crisis, while traveling.

Final Advice:

Travel medical insurance provides peace of mind, during your entire trip. To make the vacation more enjoyable without any hassles, it is very important to have travel medical insurance. For those travelers, who have previous medical history this is even more important.

Travelers with previous history have a high risk of medical complications during traveling and there is no chance of extra expense, if they already have travel coverage. You really don’t want to take the risk of not having it.

A travel agent generally offers the travel health insurance when making bookings, and a large number of travel agents, who provides these policies, are available online. To conclude, travel health coverage provides an extra level of comfort and deals with all the medical complications get a quote below.

Rewards Credit Cards – Reward Offers

Rewards credit cards reward cardholders for using the card. In essence, the issuer offers you a financial incentive to buy and use them. The incentive is offered in terms of rebates, store discounts, points that can be redeemed for specific purposes and airline flyer miles.

Choosing the rewards credit card that offers the rewards best suited to your needs is using your credit and your finances optimally.

Frequent Flyer Miles

It makes good sense for frequent air travelers to use a reward credit card that offers frequent flyer miles as a reward. These credit cards offer you points based on the amount of money you spend and the amount of airline miles you may purchase using that card. The best rewards credit cards offer you bonus points after initial purchases. If you have good credit, you can easily get a rewards credit card with a 0% introductory APR.

Cash Back Rewards

Cash back rewards give you bonus cash each time you use the rewards credit card at supermarkets, gas stations, etc. That way your rewards credit card gives you the option to spend the money as you please. The best rewards credit cards give up to 5% cash back and a 0% APR for up to 12 months. And to qualify for this type of card offer, you’ll need to have pretty good credit.

Some rewards credit cards give you the benefit of choice. You can choose either frequent flyer miles or cash back depending on your preference.

The very best rewards credit cards give you up to 6% back on purchases and gas rebates. But those offers are few and far between. Very good travel insurance, accident insurance and auto rental insurance are some of the other perks you can expect.

Entertainment Focused Rewards Credit Cards

Some credit cards cater to people who frequent movie halls, restaurants and generally go out a lot. Special offers and promotions are also offered to the owners of these rewards credit cards. Backstage passes, free music downloads and guest benefits are only some of the ways owners of this type of rewards credit card will benefit.

When applying for rewards credit cards remember that the best rewards credit cards are unique for each individual. Remember to take into account carrying costs of the card as well as details like the method of calculating interest. With the right homework and the right rewards credit card you may find yourself being able to take that perfect vacation…